Rajkumar Saraf

SAT-appeal

• SAT matter SATV-00CA379B03AC5BC8423288F2
  Appeals adjourned on the appellants' request · List the matters on 20 October 2022
  Appeal: Appeal No. 48 of 2020 and Appeal No. 282 of 2020 were adjourned on 19 September 2022 and listed for 20 October 2022; no disposal on merits stated.
• SAT matter SATV-04B7CC6D8A9B9DBC85EE3785
  Three weeks' time granted to appellants to file rejoinder · Matter listed for hearing on 28 January 2021
  Appeal: Appeal No. 282 of 2020 and Misc. Application No. 295 of 2020 were pending; adjourned for rejoinder and listed on 28 January 2021
• SAT matter SATV-07C8BCE92CA6939147A14380
  Matter adjourned at the respondent's request · List the matters on 7 October 2021
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020 were adjourned on 21 September 2021 and listed for 7 October 2021
• SAT matter SATV-0D1D1AAA1ED7AB2E62CC0C6C
  Adjourned on appellants' counsel's request · Stand over to 20 April 2022
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020 were adjourned on 31 March 2022; next date fixed as 20 April 2022
• Failure to disclose and misrepresentation of FCCB redemption default, litigation and diversion of MSD sale proceeds; alleged fraudulent device involving concealment of material price-sensitive information and diversion of funds to promoter-controlled entities.
  Appeal No. 48 of 2020 challenging the WTM order was dismissed; the two-year restraint from accessing the securities market was upheld. · Appeal No. 282 of 2020 challenged the AO penalty of Rs. 1.40 crores on the same allegations.
  Appeal: SAT decided Appeal No. 48 of 2020 on 8 November 2023; the text also refers to Appeal No. 282 of 2020 against the AO order dated 28 July 2020, but its final disposal is not shown in the provided text.
• SAT matter SATV-10FB1ABA09EC04637983DFA6
  Pleadings were recorded as complete. · Appeals listed for final disposal on 21 September 2021.
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020, with Misc. Application Nos. 49 of 2020 and 295 of 2020; pleadings complete and listed for final disposal on 21 September 2021. No disposal on merits in this order.
• SAT matter SATV-164416EDB88B756D92A9BF2C
  Adjourned at the respondent's request · Listed for hearing on 11 July 2023
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020 were adjourned on 16 May 2023 at SEBI's request; listed on 11 July 2023
• SAT matter SATV-1766332F992404E6311250A7
  List Appeal Nos. 48 of 2020 and 282 of 2020 on 29 November 2021 · Parties to take instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020 were pending and adjourned for listing on 29 November 2021; no disposal on merits stated
• SAT matter SATV-110157A0455824B5F175A404
  Appeals adjourned on the appellants' request · List the matters on 19 September 2022
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020 were adjourned on 29 August 2022 and directed to be listed on 19 September 2022; no disposal on merits stated.
• SAT matter SATV-1E5F4F16525BBA06EF87E380
  Appeals adjourned on the appellants' request · List on 3 March 2023
  Appeal: Appeal No. 48 of 2020 and Appeal No. 282 of 2020 were adjourned on 13 February 2023; listed for 3 March 2023
• SAT matter SATV-1EB3F6ED438C36A943943145
  Miscellaneous applications and appeals listed for 21 November 2022
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020 were pending and directed to be listed on 21 November 2022
• SAT matter SATV-21E2B52A7DEA23F03A6EA8FA
  List the matter on 24 September 2020 · Parties to seek instructions from the Registrar 48 hours before the hearing regarding physical or video-conference hearing
  Appeal: Appeal No. 282 of 2020 was pending; listed for 24 September 2020
• SAT matter SATV-2B33B14228B8E09D69948106
  List Misc. Application No. 49 of 2020 and Appeal No. 48 of 2020, and Misc. Application No. 295 of 2020 and Appeal No. 282 of 2020, on 4 August 2021 · Parties to obtain instructions from the Registrar 48 hours before the listed date regarding video conference or physical hearing
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020 were pending and adjourned for listing on 4 August 2021; no disposal on merits mentioned.
• SAT matter SATV-3590F5704242D9DA8618028B
  Adjourned at the appellants' request · Matters listed for 14 November 2022
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020 were adjourned on 20 October 2022 at the appellants' request; listed on 14 November 2022.
• SAT matter SATV-40A1B4F8887843461B90A4C3
  Adjournment granted · Matters listed for 13 December 2022
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020 were listed before SAT on 21 November 2022; adjourned to 13 December 2022.
• SAT matter SATV-397D58065D4DA6EC80DFE65F
  Adjourned on request of the appellants · List on August 29, 2022
  Appeal: Appeal No. 48 of 2020 with Misc. Application No. 49 of 2020 and Appeal No. 282 of 2020 with Misc. Application No. 295 of 2020 pending; adjourned to August 29, 2022 on appellants request
• SAT matter SATV-584DF2F44C85375D61E72D4D
  Adjourned on request of learned counsel for SEBI (respondent) · Matter listed on April 19, 2023
  Appeal: Appeal No. 48 of 2020 with Misc. Application 49 of 2020 and Appeal No. 282 of 2020 with Misc. Application 295 of 2020 pending; adjourned to April 19, 2023
• SAT matter SATV-846E49B065A4EA40B7943EB0
  List Appeal No. 282 of 2020 on April 29, 2021 · Parties to take instructions from Registrar 48 hrs before fixed date on video conference vs physical hearing
  Appeal: Appeal No. 282 of 2020 with Misc. Application No. 295 of 2020 (Stay Application) pending; next listed April 29, 2021
• SAT matter SATV-80FD25F27B712A04308F0333
  Three weeks' time allowed to appellants to file rejoinder · List matter on March 9, 2021
  Appeal: Misc. Application No.49 of 2020 and Appeal No.48 of 2020 pending; rejoinder to be filed, next listed on March 9, 2021
• SAT matter SATV-8D3FFF7FC4CB0B9DF32D235F
  List on January 11, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on payment of usual charges
  Appeal: Appeal No. 48 of 2020 with Misc. Application No. 49 of 2020 and Appeal No. 282 of 2020 with Misc. Application No. 295 of 2020 pending; next listing January 11, 2023
• SAT matter SATV-A444A79F5B82FF6359028163
  Adjourned on request of the appellants · List on August 29, 2022
  Appeal: Appeal No. 48 of 2020 with Misc. Application No. 49 of 2020 and Appeal No. 282 of 2020 with Misc. Application No. 295 of 2020 pending; adjourned vide order dated 26.07.2022 to August 29, 2022
• SAT matter SATV-44EFC27820EE8DA8D7B97F5B
  List Appeal Nos. 48 of 2020 and 282 of 2020, along with the miscellaneous applications, for hearing and final disposal on 4 July 2022.
  Appeal: Appeal Nos. 48 of 2020 and 282 of 2020 were pending; listed for hearing and final disposal on 4 July 2022.
• SAT matter SATV-BE00552C44AD803888911ACC
  Adjourned on request of appellants · List on July 26, 2022
• Failure to timely disclose FCCB redemption default and diversion of MSD sale proceeds to subsidiary contrary to shareholder approval, with false BSE disclosures amounting to fraud on shareholders.
  Appeals dismissed, WTM finding of fraud and non-disclosure confirmed · WTM restraint of appellants from securities market for 2 years confirmed
  Appeal: Appeal No.48 of 2020 and Appeal No.282 of 2020 (referred as 288 of 2020) decided 08.11.2023, reserved 11.07.2023 - no interference with impugned orders
• SAT matter SATV-6E7207DFF485932B03A3CC71
  Adjournment granted on appellants' counsel prayer · Matter listed on December 13, 2022
  Appeal: Misc. Application No. 49 of 2020 with Appeal No. 48 of 2020 and Misc. Application No. 295 of 2020 with Appeal No. 282 of 2020 adjourned to December 13, 2022
• SAT matter SATV-8E3457061942F60F0E05004F
  List on January 11, 2023 · Parties to act on digitally signed copy; certified copy available from Registry on payment
• Zenith defaulted on US$33 mn (2011) and US$50 mn (2012) FCCB redemptions; SEBI directed deposit/bank guarantee of US$33.93 mn.
  Misc. Application No. 88 of 2014 dismissed · Misc. Application No. 130 of 2014 dismissed
  Appeal: SEBI Civil Appeal No. 7134 of 2013 against SAT order 23 July 2013 disposed as infructuous by Supreme Court on 19 August 2014; Appeal No. 72 of 2014 pending
• SAT matter SATV-AF33707B140F49721BD70712
  Adjourned on request of the appellants · List on July 26, 2022
  Appeal: Appeal No. 48 of 2020 with Misc. Application No. 49 of 2020 and Appeal No. 282 of 2020 with Misc. Application No. 295 of 2020 pending; adjourned to July 26, 2022
• Alleged diversion of USD 33.93 million sale proceeds of MSD Division by ZIL promoters/board, prejudicial to investors and market integrity, pending investigation.
  SAT admitted Appeal No.59 of 2013; allowed intervention by QVT and Quintessence · Stayed operation of impugned para 25(ii) bank guarantee during pendency of appeal